06 Feb 23
@averagejoe1 saidThe biggest threat to farmers are agricultural monopolies
Marauder is saying "Stop The Tax Breaks!" It is on a poster he carries around.
Of course, without tax breaks or subsidies, , the farmers who need subsidies will fail. Businessmen need to reinvest into their businesses to make more business, more goods, more services. All of humanity (sorry so dramatic) enjoy the fruits of the business. To do this the govt allow ...[text shortened]... .
It is pure silly. I want Jobs to make me a new phone, then go off on his yacht to heaven.
https://www.forbes.com/sites/johnmauldin/2019/04/11/america-has-a-monopoly-problem/?sh=764639752972
06 Feb 23
@mott-the-hoople saidThe new Census of Agriculture is supposed to come out any day but according to the last one in 2017:
tell me how this is in your own words please
"5% of all farms produced 75% of total sales. The average sales for that group was $2.76 million per farm."
https://aei.ag/2019/06/10/concentration-in-agricultural-production/
And the total number of farms is down 70% from pre-WWII levels. https://aei.ag/2019/06/10/concentration-in-agricultural-production/
@no1marauder saidmy reply was to phranny
The new Census of Agriculture is supposed to come out any day but according to the last one in 2017:
"5% of all farms produced 75% of total sales. The average sales for that group was $2.76 million per farm."
https://aei.ag/2019/06/10/concentration-in-agricultural-production/
And the total number of farms is down 70% from pre-WWII levels. https://aei.ag/2019/06/10/concentration-in-agricultural-production/
06 Feb 23
@mott-the-hoople saidPM him if you don't want to discuss the subject on a public Forum.
my reply was to phranny
06 Feb 23
@no1marauder saidyour link is behind a paywall
The new Census of Agriculture is supposed to come out any day but according to the last one in 2017:
"5% of all farms produced 75% of total sales. The average sales for that group was $2.76 million per farm."
https://aei.ag/2019/06/10/concentration-in-agricultural-production/
And the total number of farms is down 70% from pre-WWII levels. https://aei.ag/2019/06/10/concentration-in-agricultural-production/
this one is straight from the horses mouth…
“
The USDA reports that approximately 50 percent of all farms have less than $10,000 in sales; 80 percent have less than $100,000 in sales; and 8 percent have sales of $500,000 or more.
Family farms continue to play a significant role in U.S. agriculture. In 2015, family farms accounted for 99 percent of all U.S. farms and 89 percent of production. That same year, 90 percent of U.S. farms were considered small family operations with less than $350,000 in annual gross cash farm income (GCFI). These small operations accounted for 24 percent of the value of production. Large family farms, with at least $1 million in GCFI, made up 2.9 percent of U.S. farms but accounted for 42 percent of the value of production. Nonfamily farms accounted for 11 percent of agricultural production.”
https://www.usfarmdata.com/percentage-of-small-medium-and-large-farms-in-the-us
@mott-the-hoople saidNo, it's not behind a paywall but you can get the same information from the 2017 Census for Agriculture, Table 41 here: https://www.nass.usda.gov/Publications/AgCensus/2017/Full_Report/Volume_1,_Chapter_1_US/st99_1_0041_0041.pdf
your link is behind a paywall
this one is straight from the horses mouth…
“
The USDA reports that approximately 50 percent of all farms have less than $10,000 in sales; 80 percent have less than $100,000 in sales; and 8 percent have sales of $500,000 or more.
Family farms continue to play a significant role in U.S. agriculture. In 2015, family farms accounte ...[text shortened]... al production.”
https://www.usfarmdata.com/percentage-of-small-medium-and-large-farms-in-the-us
At any rate, the figures you give are perfectly consistent with the ones from the Census for Agriculture or even worse.
06 Feb 23
@phranny saidThen this is where I chime in and say Life Ain't Perfect. Just when will y'all ever be happy? You got a guy cranking out iPhones by the thousands, and do not want him to be rich.
The biggest threat to farmers are agricultural monopolies
https://www.forbes.com/sites/johnmauldin/2019/04/11/america-has-a-monopoly-problem/?sh=764639752972
Libs have this unusual characteristic, they can be happy and angry at the same time.....about the same thing!!!!!!
The forum is fun, I am finding. 🤔 🤔 😳
@averagejoe1 saidReally? There's a single guy cranking out thousands of iPhones?
Then this is where I chime in and say Life Ain't Perfect. Just when will y'all ever be happy? You got a guy cranking out iPhones by the thousands, and do not want him to be rich.
Libs have this unusual characteristic, they can be happy and angry at the same time.....about the same thing!!!!!!
The forum is fun, I am finding. 🤔 🤔 😳
The workers actually "cranking out iPhones" are probably getting a pittance.
EDIT: " The average salary for an iPhone worker is $10 an hour." https://www.investopedia.com/financial-edge/0912/the-cost-of-making-an-iphone.aspx#:~:text=The%20iPhone%20is%20primarily%20assembled%20in%20China%20by,for%20an%20iPhone%20worker%20is%20%2410%20an%20hour.
06 Feb 23
@no1marauder saidYes, WSJ articles. What is your point? Is The USA just not performing up to your requirements? Maybe farmers should just give away their produce, or, like Bernie says, limit themselves to an income of $250K.
The new Census of Agriculture is supposed to come out any day but according to the last one in 2017:
"5% of all farms produced 75% of total sales. The average sales for that group was $2.76 million per farm."
https://aei.ag/2019/06/10/concentration-in-agricultural-production/
And the total number of farms is down 70% from pre-WWII levels. https://aei.ag/2019/06/10/concentration-in-agricultural-production/
Geez
06 Feb 23
@averagejoe1 saidCould you find that quote from Bernie where he says people should be limited to $250K in income?
Yes, WSJ articles. What is your point? Is The USA just not performing up to your requirements? Maybe farmers should just give away their produce, or, like Bernie says, limit themselves to an income of $250K.
Geez
Obviously, from the figures we have shown, the vast majority of farmers don't make anywhere near that.
06 Feb 23
@mott-the-hoople saidOf course the other issue is that almost all commercial farmers have to sell to middlemen, who are generally large corporations. From Phranny's link:
your link is behind a paywall
this one is straight from the horses mouth…
“
The USDA reports that approximately 50 percent of all farms have less than $10,000 in sales; 80 percent have less than $100,000 in sales; and 8 percent have sales of $500,000 or more.
Family farms continue to play a significant role in U.S. agriculture. In 2015, family farms accounte ...[text shortened]... al production.”
https://www.usfarmdata.com/percentage-of-small-medium-and-large-farms-in-the-us
"In agriculture, four companies control 66% of U.S. hogs slaughtered in 2015, 85% of the steer, and half the chickens, according to the Department of Agriculture. (h/t Open Markets Institute)
Similarly, just four companies control 85% of U.S. corn seed sales, up from 60% in 2000, and 75% of soy bean seed, a jump from about half, the Agriculture Department says. Far larger than anyone — the American companies DowDuPont and Monsanto."
More concentration in buyers for the farmers' goods mean they get lower prices.
06 Feb 23
@averagejoe1 saidI have nothing against people getting rich. I like capitalism. However, monopolies destroy capitalism.
Then this is where I chime in and say Life Ain't Perfect. Just when will y'all ever be happy? You got a guy cranking out iPhones by the thousands, and do not want him to be rich.
Libs have this unusual characteristic, they can be happy and angry at the same time.....about the same thing!!!!!!
The forum is fun, I am finding. 🤔 🤔 😳
06 Feb 23
@averagejoe1 saidYou guys hate farm subsidies, which is a farmer tax break. It is there for a reason. You can google all the reasons,
but the reasons result in economic prosperity, freeing up the really smart guys, who get rich and run this country and deliver a package to my door from Brazil in 8 hours. Who in the HELL do you think will do such things if you continue to let the government creep in? Who?
You do get the insanity of your argument right? On the one hand the engine of economic prosperity are subsidies/tax breaks to farmers and other primary producers, which is what governments do, right?, but somehow government 'creeping in' will also end all of the prosperity that it was fundamental in helping to create??!! Go champ!
06 Feb 23
@mott-the-hoople saidIf we discuss revenues from farms, how about listing the expenses incurred by the farmer. You fellers color things like crayons, highlighting the propaganda-laced things you are putting out there.
your link is behind a paywall
this one is straight from the horses mouth…
“
The USDA reports that approximately 50 percent of all farms have less than $10,000 in sales; 80 percent have less than $100,000 in sales; and 8 percent have sales of $500,000 or more.
Family farms continue to play a significant role in U.S. agriculture. In 2015, family farms accounte ...[text shortened]... al production.”
https://www.usfarmdata.com/percentage-of-small-medium-and-large-farms-in-the-us
Well you ain't putting anything over on us!!!!!